bipartisanship
While the GOP may not speak as loudly about our fiscal situation as it once did, this week's Republican convention offers a good chance to do so—and to offer something positive. The situation is indeed dire. The national debt has reached staggering levels, and the next president will inherit a ticking time bomb of fiscal deadlines that could significantly worsen the burden. The potential expiration of the previous (and popular) Trump tax cuts is one such fiscal cliff. However, it also represents an opportunity: Pay to extend former President Donald Trump's cuts by cleaning out the tax code of ...
Reason
This week's featured article is "Why Did Americans Stop Caring About the National Debt?" by Brian Riedl. This audio was generated using AI trained on the voice of Katherine Mangu-Ward. Music credits: "Deep in Thought" by CTRL and "Sunsettling" by Man with Roses The post <I>The Best of Reason</I>: Why Did Americans Stop Caring About the National Debt? appeared first on Reason.com.
Reason
Scroll down to see how big the national debt may get over the next few decades, and then read about how we got here. When President Joe Biden delivered his 2023 State of the Union address, Washington was drowning in a sea of red ink. The annual budget deficit was in the process of doubling from $1 trillion to $2 trillion in a single year due to some student-debt cancellation shenanigans. That year's budget deficit would become the largest share of gross domestic product (GDP) in American history outside of wars and recessions. Economists at the Congressional Budget Office (CBO) and across the ...
Reason
Roshan Taroll says his mother, Beena Preth, brought him to the United States as a child in hopes he would put his nose to the grindstone and shoot his shot at accessing the bounty of opportunity uniquely offered by America. He will not have the chance. The irony lies in why. The Deferred Action for Childhood Arrivals (DACA) program, instituted during President Barack Obama's administration, protects people from deportation if they arrived in the U.S. unlawfully as children through no fault of their own. Many of those individuals do not meaningfully know any other country but the U.S. as home. ...
Reason
The United States is full steam ahead into uncharted fiscal waters, with rapidly growing federal debt promising a choppy economic future. Candidates Joe Biden and Donald Trump have added trillions to the national debt during their recent presidential administrations, leaving America at a critical juncture that demands urgent, bipartisan action. If you read this column, you know the numbers are stark: U.S. government debt is projected to reach a staggering 122 percent of gross domestic product by 2034, far surpassing levels seen even during World War II. Not only is that a sharp rise from the c...
Reason
The Supreme Court on Friday narrowed the interpretation of a federal criminal law under which many January 6 rioters have been charged, throwing hundreds of such cases into at least partial uncertainty. It was yet another 6–3 decision. But despite the immensely politically-charged nature of the case, it was also yet another time that the votes did not come down along exclusively ideological lines. The majority opinion was written by Chief Justice John Roberts and joined by Justices Clarence Thomas, Samuel Alito, Neil Gorsuch, Brett Kavanaugh, and Ketanji Brown Jackson, the latter of whom wrote...
Reason
Last Friday, activist Shannon Watts took to social media to respond to the Supreme Court's 8–1 ruling in U.S. v. Rahimi, in which the justices ruled it is legal for the government to temporarily disarm someone whom a court has found poses a safety threat to others. "The Rahimi case should never have been taken up by SCOTUS," she said in a now-deleted post on X, formerly Twitter. "To even question whether domestic abusers should have access to guns shows just how extreme this court has become." It was an odd thing to say, for a few reasons. For one, the decision, by pretty much all accounts, wa...
Reason
Senate Minority Leader Mitch McConnell (R-Kentucky) had good things to say about centrist Sen. Kyrsten Sinema (D-Arizona) during a speech at the University of Louisville on Monday. “I’ve only known Kyrsten for four years, but she is, in my view … the most effective first-term senator I’ve seen,” McConnell said as he invited her to the stage. “She is, today, what we have too few of in the Democratic Party: A genuine moderate and a dealmaker,” the Kentucky Republican added. “As you can tell, I have a very high opinion of the senator from Arizona,” he said. “But my biggest compliment to her is: S...
uPolitics.com
“God, no,” said Lindsey Graham (R-South Carolina) in response to a question regarding a bipartisan immigration bill. “I’m not in support of legalizing one person until you’re in control of the border.” Despite his recent comments, Graham did, in fact, support a comprehensive immigration bill in 2013, joining efforts with four Democrats and three Republicans. Additionally, Graham has reportedly been talking to Sen. Dick Durbin (D-Illinois) about an immigration accord, and the pair have worked to reintroduce the DREAM Act, though it may not win any Republican votes in the Senate. Graham has also...
uPolitics.com
A group of 10 GOP senators led by Sen. Susan Collins (R-Maine) met with President Joe Biden to discuss COVID-19 relief plans on Monday evening. Collins and the senators wrote a letter to Biden requesting a meeting. White House Press Secretary Jen Psaki said Biden is “happy to have a conversation with them.” Republican senators have offered a COVID-19 relief plan totaling in $618 billion. This is less than one-third of the plan proposed by the Biden administration. The GOP plan calls for $160 billion for vaccine development, distribution, testing and tracing. An additional $132 billion is for e...
uPolitics.com
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